Pentagon finds concerning vulnerabilities on blockchain

[Q.E.D.]

https://www.techrepublic.com/article/pentagon-finds-concerning-vulnerabilities-on-blockchain/

...
A report commissioned by the Pentagon concluded that the blockchain is not decentralized, is vulnerable to attacks and is running outdated software. The report, “Are Blockchains Decentralized, Unintended Centralities in Distributed Ledgers”, uncovered that a subset of participants can “exert excessive and centralized control over the entire blockchain system.”
...

 

[JackMorgan]

lol

 

[albion]

A report commissioned by the Pentagon concluded that the blockchain is not decentralized, is vulnerable to attacks and is running outdated software. The report, “Are Blockchains Decentralized, Unintended Centralities in Distributed Ledgers”, uncovered that a subset of participants can “exert excessive and centralized control over the entire blockchain system.”
...

Uncovered? This has been known for a long time by anyone who takes an honest look at the whole blockchain/crypto fiasco as it is currently structured.

 

[MKTrader]

Anyone who has ever worked in or with the "Puzzle Palace" has a deep skepticism of anything they put out. They're great when it comes to spending billions of taxpayer funds on weapon systems that never come to fruition, but beyond that...

 

[Nobert]

Pentagon concluded that the blockchain is not decentralized

I think, it's because - nobody cares and those who care are not intelligent enough, for analytical thinking.
Not that it brings a hard task/puzzle to solve, but simply, people - don't care, since,
it took around 10 mins of googling & reading, for the first time in ones life, actually, to pretend to care about the insides of this crypto machine & to come up with this :
https://www.elitetrader.com/et/threads/how-to-manipulate-any-crypto.366795/

Lot's of it gets ,,hidden'' under some difficult terms, which could be translated into very simple word, say a NODE, is :

Where simply it is :
A low end cost computer with at least 2GB of RAM & internet speed of 100/kbps

A random guy from Skidrow could afford few of those.

Also, a starting point was given by @angrytrader ,-
https://101blockchains.com/disadvantages-of-blockchain/

 

[FreeGoldRush]

Studies on 50% attacks to fork the chain are nothing new. This has been known for many years at this point. I won't even begin to explain why this won't happen with Bitcoin and Ethereum. It's been talked about plenty online already.

 

[maxinger]

https://www.techrepublic.com/article/pentagon-finds-concerning-vulnerabilities-on-blockchain/

...
A report commissioned by the Pentagon concluded that the blockchain is not decentralized, is vulnerable to attacks and is running outdated software. The report, “Are Blockchains Decentralized, Unintended Centralities in Distributed Ledgers”, uncovered that a subset of participants can “exert excessive and centralized control over the entire blockchain system.”
...

VERY OLD NEWS !!!

 

[Trader Curt]

If it's that easy then why don't they do something about it?

 

[FreeGoldRush]

If it's that easy then why don't they do something about it?

It's not "that easy". This was well understood and talked about during the development of bitcoin. This article is essentially spam designed to drive the price down.

 

[VEGASDESERT]

It's this the same pentagon run by Lloyd Austin? Lol